Legal & Disputes
Bronstein, Gewirtz & Grossman Investigates Verra Mobility Over Potential Securities Claims
By News Desk ·
Key takeaways
- Bronstein, Gewirtz & Grossman is investigating potential claims on behalf of Verra Mobility securities purchasers who bought before February 24, 2026.
- The investigation concerns whether Verra Mobility and certain officers or directors engaged in corporate wrongdoing.
- Verra Mobility appointed Jon Newhard as President and CEO effective November 1, 2026, succeeding interim CEO Jon Keyser.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Verra Mobility Corporation securities, the firm said in a statement published by The future of trading. Investors who bought Verra Mobility securities before February 24, 2026, and continue to hold them are encouraged to contact the firm.
Bronstein Gewirtz's Verra Mobility Investigation
The investigation concerns whether Verra Mobility and certain of its officers or directors engaged in corporate wrongdoing, according to the firm's statement. Bronstein, Gewirtz & Grossman is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits, and it states it has recovered hundreds of millions of dollars for investors nationwide. The firm said it represents investors in class actions on a contingency fee basis, asking the court to reimburse out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if successful.
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC. Investors can contact Peretz Bronstein or his client relations manager, Nathan Miller, at 917-590-0911. The firm is also investigating potential securities claims against Cogent Communications Holdings, Inc. for purchasers of Cogent securities prior to February 29, 2024, and potential claims on behalf of purchasers of EquipmentShare.com Inc. securities who bought shares before January 23, 2026 and still hold them, according to The future of trading.
Verra Mobility's Enforcement Contracts And Revenue
Verra Mobility provides smart mobility, automated traffic enforcement, toll management, and parking solutions to municipalities, rental car companies, and fleet operators across more than 15 countries, according to akta.pro company records. The same records show the company reported fourth-quarter 2025 revenue of $257.86 million and full-year 2025 revenue of $979 million, up 16% year on year, with recurring revenue above 90% of total revenue. In June 2026, the Los Angeles City Council awarded Verra Mobility a contract to design, build, operate, and maintain California's largest speed safety program with 125 camera locations under Assembly Bill 645's six-city pilot, and the Hawaii Department of Transportation awarded a 10-year contract worth approximately $160 million in February 2026 to expand statewide automated red-light and speed enforcement from 17 to 187 dual-enforcement cameras.
Verra Mobility's Recent Leadership And Legal Events
Verra Mobility appointed Jon Newhard as President and CEO effective November 1, 2026, with Newhard bringing over two decades of transportation and mobility leadership, including as CEO of Yunex Traffic GmbH, and succeeding interim CEO Jon Keyser, who will remain in an advisory capacity, Stock Titan reported in October 2026. Grabar Law Office said in August 2026 that it was investigating Verra Mobility for alleged securities fraud, including false statements about revenue outlook and contract renewals, according to Newsfile. An investigation into potential breaches of fiduciary duties by Verra Mobility's directors and officers was announced in August 2026, following a securities lawsuit, openPR.com reported.
Verra Mobility's November CEO Transition
Jon Newhard becomes President and CEO on November 1, 2026, succeeding interim CEO Jon Keyser, who will remain in an advisory capacity, Stock Titan reported.